Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient continent…
The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
A consortium of Fistuca, Van Oord and TNO has performed a series of successful tests of BLUE Piling Technology (patented), an innovative technology to drive large piles offshore. At a shipyard of Van Oord in Zuilichem, The Netherlands…
Norway’s Minister of Petroleum and Energy has opened the Barents Sea southeast for exploration. Inviting oil companies to nominate the blocks they would like to have included in the country’s 23rd licensing round, minister of petroleum…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…
Jiangsu Yangzijiang Offshore Engineering Co. Ltd. (YZJOE) is ready to “strike steel” on the construction of a US$170million Le Tourneau Super 116E, self-elevating jackup for drilling in 350ft water depths. The detailed engineering phase has…
Fugro announced that it will enter into a new well services joint venture with Malaysia Oilfield Services company Bumi Armada Berhad. The companies will create a team consisting of members of both Fugro and Bumi Armada with skills in marine operations…
Atwood Oceanics, Inc. announced that one of its subsidiaries has been awarded a two-year contract extension by CEC International, Ltd. for the jackup Atwood Manta. The extension is priced at a day rate of $159,500 in Thailand and begins December 2…
A safety group representing workers, regulators and operators has recommended Super Puma helicopters resume operations in the North Sea. Step Change in Safety has also said it will request industry body Oil & Gas UK set up an independent…
East Africa-focused oil and gas exploration company Aminex is to be led by the founders of private Maldova-focused exploration firm Canyon Oil and Gas. Canyon's co-founders Jay Bhattacherjee and Philip Thompson will become Aminex’s chief executive and chief operating officer…
Technip, as part of a consortium led by National Petroleum Construction Company (NPCC), has been awarded a contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for engineering, procurement and construction (EPC) work on Umm Lulu full…
Shell continues to build upon a strong position in the Perdido Foldbelt by adding to its portfolio one strategically located block in the Western Gulf of Mexico during today’s US Bureau of Ocean Energy Management (BOEM) Lease Sale 233…
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